716, Phoenix Tower
Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 716, Phoenix Tower
What is 716 worth today?
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Source: Dubai Land Department. Updated 25 May 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 769 sqft
- Floor
- 7th of 7
- Parking
- B2-57
- Developer
- Phoenix Holdings
- Completed
- 2009
- Service charge
- AED 12,500 /yr
- Last sold
- AED 330K · May 2023
- Building
- Phoenix Tower
About 716, Phoenix Tower
716 is a one-bedroom apartment of 769 sqft on the 7th floor of Phoenix Tower, a 7-storey tower in Dubailand Residence Complex completed in 2009 by Phoenix Holdings. It last sold on 25 May 2023 for AED 330,000, or AED 428 per sqft.
It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 August 2019, is AED 32,000 a year: a gross yield of 9.7% on the 2023 price, before the service charge of about AED 12,500 a year.
Sales and rents for 716 over time
716 has sold 4 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Phoenix Tower, and where 716 sits
All 13 1-beds →Over the last 12 months one-beds sold for AED 332,111, around AED 431 per sqft, and rent for AED 39,000 to 65,000 a year. 716's AED 32,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Nov 202524 November 2025 | 769 sqft | 332,111 | 431 | ||
| 8 Oct 20158 October 2015 | 769 sqft | 492,352 | 640 | ||
| 8 Oct 20158 October 2015 | 817 sqft | 522,867 | 639 | ||
| 30 Jun 201530 June 2015 | 769 sqft | 467,982 | 608 |
Phoenix Tower
Building110 apartments, studios to 2-bed over 7 floors in Dubailand Residence Complex, completed in 2009 by Phoenix Holdings. 16 sold in the last 12 months.
- Typical price per sqft
- AED 831
- Typical sale
- AED 495K
- Typical rent
- AED 35K /yr
- Typical yield
- 6.7%
Other units on the 7th floor
All 110 units in Phoenix Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,254 sqft | AED 815KAED 814,886 · Mar 2017March 2017 | 58,000 /yr | |
| 702 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 36,000 /yr | |
| 703 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 30,418 /yr | |
| 704 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 33,000 /yr | |
| 705 | Studio | 546 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 35,000 /yr | |
| 706 | Studio | 549 sqft | AED 329KAED 329,160 · Jun 2015June 2015 | 29,800 /yr | |
| 707 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 63,000 /yr | |
| 708 | 1-bed | 817 sqft | AED 495KAED 495,289 · Jun 2015June 2015 | 44,660 /yr | |
| 709 | 2-bed | 1,254 sqft | AED 721KAED 720,797 · Jun 2015June 2015 | 49,450 /yr | |
| 710 | Studio | 549 sqft | AED 200KAED 200,000 · Jun 2021June 2021 | 32,000 /yr | |
| 711 | Studio | 546 sqft | AED 355KAED 354,790 · Mar 2017March 2017 | 33,000 /yr | |
| 712 | Studio | 546 sqft | AED 200KAED 200,000 · Jun 2021June 2021 | 29,900 /yr | |
| 713 | Studio | 546 sqft | AED 355KAED 354,790 · Mar 2017March 2017 | 32,000 /yr | |
| 714 | Studio | 549 sqft | AED 200KAED 200,000 · Jun 2021June 2021 | 37,000 /yr | |
| 715 | 2-bed | 1,149 sqft | AED 712KAED 712,252 · Jun 2015June 2015 | 62,004 /yr |
716, Phoenix Tower in numbers
- Sold 4 times: first on 16 June 2009 for AED 622,775, last on 25 May 2023 for AED 330,000 (AED 428 per sqft).
- Rented since December 2013 on 4 Ejari contracts, from AED 29,400 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2023 price is 9.7%, before a service charge of about AED 12,500 a year (AED 16.19 per sqft).
- One-beds in Phoenix Tower sold for AED 332,111–332,111 in the 12 months to November 2026; the building's median across all types is AED 831 per sqft.
Source: Dubai Land Department. Updated 25 May 2023.
Questions about 716, Phoenix Tower
What did unit 716 last sell for?
AED 330,000 on 25 May 2023: AED 428 per sqft for 769 sqft. The unit has 4 registered sales; the first was AED 622,775 in June 2009.
What is the rent for unit 716?
AED 32,000 a year on the contract signed on 1 August 2019. The previous contract, from December 2015, was AED 36,750; the unit has been rented since December 2013.
How big is unit 716?
769 sqft (71.4 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2009.
What is unit 716 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Phoenix Tower sold for AED 332,111 to 332,111 in the last 12 months, around AED 431 per sqft.
Selling 716? Put it on the OpenOffers board
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Mortgage on 716, Phoenix Tower
Starts from the last sale price (AED 330K, 25 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 330,000
- Deposit, UAE resident (20%)
- AED 66,000
- Deposit, non-resident (40%)
- AED 132,000
- Monthly over 25 years at 3.7%
- AED 1,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →